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Pantaloon retains its market position

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As per to the sources saying @ the www.propertykhazana.com, Pantaloon Retail Company is offering wide range shopping right from food, trend, furniture & fittings, consumers electronics, books, music and so on. Pantaloon has launched a garment manufacturer and at present works in more than 7.9 Million Sq.ft of retail space extended about 45 cities in India. Its most recent addition is a big format, inexpensive complete house solutions model which comes under Home Solutions Retail.
According to the sources available with www.propertykhazana.com, Company is having around 45 Pantaloon, 9 Centrals, 98 Big Bazaar and 138 Food Bazaar stores across the country. Its one more formats also comprise Depot, Health & Beauty Malls, E-Zone, Furniture Bazaar, Home Town, KB’s Fair Rate and Retail format and futurebazaar.com.
At present, Company has 5-6 Home Town stores, 27-28 E-Zone stores, 4 Collection I and 80-90 Furniture Bazaar franchisees. KB’s Fair Rate stores witnessed a good response and company has launched about 100-150 such stores in just 8-12 months. Pantaloon’s plan is to grab about 80% share from the customer’s wallet. Around 70-75% of the company’s income is flowing from the value retailing business, as the leftover is expected from lifestyle sector. Company’s value retail format is from Big Bazaar and Pantaloon Fashions, the department store brand. From its pioneering plans, company is able to turn non-buying events into main selling days like Pantaloon’s Independence Day promotion formed a record in auction for about Rs. 400 Crores in 4-5 days. For more updates on real estate market browse www.propertykhazana.com.
Source: NBTVLIVE

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